| UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II, | |||||||||||||||||
| A MICHIGAN LIMITED PARTNERSHIP | |||||||||||||||||
| STATEMENTS OF CASH FLOWS | |||||||||||||||||
| SIX MONTHS ENDED | |||||||||||||||||
| June 30,2001 | June 30,2000 | ||||||||||||||||
| (unaudited) | (unaudited) | ||||||||||||||||
| Cash Flows From Operating Activities: | |||||||||||||||||
| Net Income | $1,153,695 | $1,017,480 | |||||||||||||||
| Adjustments To Reconcile Net Income | |||||||||||||||||
| To Net Cash Provided By | |||||||||||||||||
| Operating Activities: | |||||||||||||||||
| Depreciation | 870,981 | 928,971 | |||||||||||||||
| Amortization | 10,506 | 12,643 | |||||||||||||||
| Loss on Sale of Property and Equipment | 95,529 | 0 | |||||||||||||||
| (Increase) Decrease In Other Assets | 105,903 | 51,565 | |||||||||||||||
| Increase (Decrease) In Accounts Payables | (52,819) | (64,293) | |||||||||||||||
| Increase (Decrease) Other Liabilities | 190,734 | 174,583 | |||||||||||||||
| Total Adjustments | 1,220,834 | 1,103,469 | |||||||||||||||
| Net Cash Provided By (Used In) | |||||||||||||||||
| Operating Activities | 2,374,529 | 2,120,949 | |||||||||||||||
| Cash Flows From Investing Activities: | |||||||||||||||||
| Capital Expenditures | (823,030) | (288,155) | |||||||||||||||
| Proceeds from Sale of Property and Equipment | 590,948 | 0 | |||||||||||||||
| Net Cash Provided By (Used In) | |||||||||||||||||
| Investing Activities | (232,082) | (288,155) | |||||||||||||||
| Cash Flows From Financing Activities: | |||||||||||||||||
| Payment On Mortgage | (195,218) | (178,821) | |||||||||||||||
| Distributions To Partners | (1,321,355) | (1,255,287) | |||||||||||||||
| Net Cash Provided By (Used In) | |||||||||||||||||
| Financing Activities | (1,516,573) | (1,434,108) | |||||||||||||||
| Increase (Decrease) In Cash and Equivalents | 625,874 | 398,686 | |||||||||||||||
| Cash and Equivalents, Beginning | 3,155,170 | 2,821,681 | |||||||||||||||
| Cash and Equivalents, Ending | $3,781,044 | $3,220,367 | |||||||||||||||
| See Notes to Financial Statements | |||||||||||||||||
| 5 | |||||||||||||||||